| Clean Energy for All Europeans legislative proposals, so-called Winter Package. COM/2016/0860 final |
Maintenance of EU’s competitiveness in the period of transformation of energy markets towards clean energy, the so-called Winter Package. Plans to reduce coal subsidies, to increase the energy efficiency target to 30% and to reduce CO2 emissions by 40% before 2030. The new regulations require approval by the EU Council and the European Parliament. The Winter Package also contains solutions that support the development of decentralized electricity production and its storage to develop “civic energy”. The important change for the energy markets in the EU is the abolishment of the “priority dispatch”, i.e. priority of access to the grid for RES before conventional sources. The amendment will come into effect after 2020. |
- Implementation of consistent regulations to improve EU’s energy security
- Establishment of a Modernization Fund will enable financing of renewable energy production projects (such as the Lower Vistula Cascade)
|
- Risk that the Act may be notified for the second time to the EC following the entry into force of the so-called Winter Package and the need to implement new requirements of EU law in this act.
- No guarantee that the beneficiaries of the capacity auctions for 2018-2019 will retain acquired rights.
|
| Work on amendments to the Energy Law Act |
Change of the rules of financing street lighting in Poland. |
- Implementation of consistent principles of financing street lighting. Definition of the rules on the development of lighting assets.
|
- Absence of changes will result in the continuation of different rules of cooperation in different parts of Poland. Risk that lighting assets may be communalized by local government units.
|
| Government’s bill to amend the RES Act and Certain Other Acts |
Ensuring good regulatory and business environment for: property tax payable on Wind Power Plants and the possibility of developing RES with the assumption of higher profitability. |
- Clarification of ambiguous provisions (inconsistent jurisprudence of Voivodship Courts of Administration) regarding the taxation of wind power plants. Development of RES with the possibility of the investments being based on financing mechanisms that ensure profitability of the projects.
|
- Protruded proceedings on this legislation. Possible collision with EU legislation, among others the Winter Package.
|
| Government’s bill to amend the Financial Instruments Trading Act and Certain Other Acts |
The bill concerns the changes that need to be introduced to the national legal system in connection with the entry into force of European capital market regulations and will enable the application of EU regulations concerning markets in financial instruments (MiFID2 Directive and MiFIR Regulation). The new solutions are designed to increase the competitiveness and efficiency of financial markets in Poland and the European Union and to increase safety of their participants. |
- Possibility of developing sales of new products.
- (2) Achievement of competitive advantage through rapid implementation of EU legislation.
|
- Protruded proceedings on this legislation.
|
